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wall street journal," -- -- he went on to say, "the economy is recovering too slowly and should not be regarded as the new normal." >> we need a new approach. an approach that removes obstacles of growth, prosperity -- of growth and prosperity. unleash the nation of builders. to become a nation of builders and i think we have to stop picking winners and losers and start focusing on expanding opportunity for everyone. we started out by giving our kids a good chance at an education. to hirend opportunity axa's education so students are ready for tomorrow's job market. to become a nation of builders again, we need to fix our tax code. if we clear out all of these loopholes and make the tax code fair it is going to make it easier to understand, we will be creating more incentives to bring jobs home, and keep our resources here in america. a host: john boehner before the national association of manufacturers. this headline from "the -- this editorial from "the wall street journal" -- joseph on our twitter page has this comment -- logan is on the phone from las vegas on our independen
not be until december or early next year. third point, the u.s. economy's still only growing sluggishly, only 2% growth. just about 1% inflation. modest profits. falling gold. and a steady king dollar. interest rates in my view are not going to skyrocket. there's more money to be made in stocks. the second half is going to be a slower slog than the first half. okay? that's my take on the story. here now we bring in former federal reserve governor frederick mishkin, currently an economics professor at columbia university. welcome back, rick. i just want to ask you, this is a very complicated news conference and a lot of people are saying many different things. first of all, let me ask you if i have the story right. i heard the news conference. the fed will slow down bond purchases toward the end of the year. is that what bernanke said? >> i think what they're trying to do, they've been very concerned, i'm sure, about all the volatility in the markets. and they want to make sure that people understand that in fact they are going to get out of this purchase program, which raises a lot of complicat
-changer? the economy getting better? >> think investors don't believe what bernanke is telling us. that the economy is stronger. and that it is a lack of confidence in the economy's ability a to stand on its two feet without all of this liquidity. >> and do you think this is old-fashioned profit taking? we've had good gains for 2013. we've had good gains for last four years. is it time to take something off the table for that reason. >> think i so. and a couple dayes with twloost days of run up with the announcement yesterday was short-covering. so i think you have people on the shore wagon as well. i think it is a combination of profits and the move down today. >> have you a triple witch tomorrow right? expiration coming tomorrow. how does that impact things? >> i think that exaggerates the moods. usually you see a lot of activity and volume and movement. and what we have seen the last few days is a heavy down days. i think the on coming combination exaggerate the move and puts pressure in that direction of the movement in this case down and exaggerate this move. not quite a bit but, significantly
poverty for the lowest income people. and actually, served as a good stimulus for the economy at the same time. >> i mean, and the meme around food stamps has been incredibly divisive. and really false. and i must play the sound from louie gohmert who is really a one-man band in terms of sound bites and outrageous commentary. let us hear what louie gohmert had to say on the floor of the house yesterday. >> standing in line at a grocery store behind people with a food stamp card, and they look in their basket, as one individual said, "i love crab legs," you know the big king crab legs. i love those and then sees the food stamp card pulled out and provided. he is actually helping pay for the king crab legs. when he can't pay for them for himself. >> so everyone on food stamps is apparently buying king crab legs, eugene. >> yeah. >> they're living off the largess of our government. >> king crabs are going to have to be added to the endangered species list, i guess, according to louie gohmert. you know, it's wrong, number one. it's -- it's insulting. it's demeaning. and it's probably the way
an immigration system in our country that meets the needs of a growing economy, the biggest economy in the world that focuses on making our country stronger, not weaker, and hopefully will put this debate behind us. so i yield the floor. >> yield for a question. first could i say all of us who have had the honor of working with you and the senator from north dakota greatly appreciate the work that you've done. if there is going to be a broad bipartisan support for the final product it will be because of what you and the senator from north dakota have done. and i'm very, very grateful for that. and i think that it is important wouldn't you agree that people understand that this is a very tough bill. and it required a lot of cooperation from our friends on the other side of the aisle to go along and agree with this. i think that they've shown a great deal of compromise in order to reach this point and agree with us on this legislation, which clearly we need bipartisan support for. but i would like to ask the senator again for a couple of specifics. because i think it is important we understand how
a crucial role in our economy and vital role in our communities. mr. president, that was proven last night at 5:00 when the congressional budget office, this nonpartisan arm that we look to for direction with what things cost and don't cost here on capitol hill with our legislation, they issued a statement yesterday that this bill certainly, that's on the floor today, this bill certainly is good for the economy. as i will say a couple times during my brief remarks here, it's going over the next two decades, what's left in this one and the next decade, reduce the deficit in america by almost $1 trillion. of course as we've said here previously, previous to getting the report from c.b.o., this legislation is good for the economy and good for security. that's a good package. well, mr. president, these 11 million people need a pathway to get right with the law. a commonsense bipartisan reform proposal before the senate will help them do just that. it will reduce illegal immigration by strengthening our borders. it will fix our broken immigration system and crack down on unskraoup less employer
university, about the state of the u.s. economy. later in the program we will be joined by a matthew segal. he will be here to talk about issues important to young americans. you are watching "washington journal." we will be right back. ♪ >> when you talk about transparency to the american public, there is -- you are going to give up something. you are going to be giving signals to our adversaries as to what our capabilities are. the more specific you get about the program, the more specific about the oversight, the more specific you get about the capabilities and successes, to that extent you have people sitting around saying, "ok, now i understand what it can be done with our numbers in yemen and in the united states and consequently i am going to find another way to communicate." there is a price to be paid for that transparency. where that line is drawn, in terms of identifying what our capabilities are, is out of our hands. if you tell us to do it one way we will do it that way. there is a price to be paid for transparency. >> robert muller makes his last scheduled appearance before
economies in terms of -- because they need europe to be able to take their stuff. watch for china -- i don't know who's really running that country, but i can tell you this, their deceleration in economics is just incredible. it's not bringing us down. >> china may go down below 7%, 6% growth this err year. we are right now the tallest building in elmira, new york. >> it's the shung kamao bank. >> how do you know about elmira, new york? >> i come to play. >> you do come to play. we may be the tallest building in elmira, new york, but people keep buying the dollar. what are you going to do? go to europe? go to china? they're all train wrecks wait to go happen. >> you can't feed china. that's a big issue. 700,000 recespiratory deaths la year. let's go to john meacham. speaking of smoking, he smokes way too much. john, you look at europe, the g-8, they were all lecturing president obama three years ago. sarkozy, where is he now? who knows? he's probably staying at your place in the south of france. >> oh, no, unh-unh. >> but united states is in this strange position of just sort of crawling a
. there haven't been a lot of good things, the nsa stuff in particular. the economy is beginning to look a little firmer. and so, usually, that is the fundamental push in the trend line. so, yeah, there is a little surprise there. >> bill: you know, all of the talk about -- of course, benghazi, the irs, the department of justice and then, as you points out, the nsa. it all had its impact the. on nsa, the president said the intelligence community has to explain what this program is all about. they made their first attempt saying this has foiled 50 different terrorist plots. do you think this buries the issue and americans will accept it and go along now? >> there are a couple of different layers to the issue. one is: do -- -- does the public generally accept the notion of vacuuming up all of this data? if it is persuaded that this is what is necessary to stop terrorist actions. my guess is the public would be split but basically lean towards favoring it. and as we have seen over the past couple of weeks in polling on this stuff. the second is: does the
, promotes growth and creates jobs, investments in infrastructure and innovation, expands our economy and strengthens the middle class and responsibly reduces the deficit. cognizant van hollen has been our leader on budget issues and the -- always promoting a budget as a statement of our national values of fairness, and opportunity, while reducing the deficit. please yield to the distinguished gentleman. >> thank you, leader pelosi. leader pelosi and president obama have in calling for some time now for the house of representatives to get working on legislation that will help boost growth. the economy has been improving but we know it can improve much faster if congress would do its work. two percent economic growth. because of things congress has done, like the sequester, we are slowing down economic growth in the country. the congressional budget office says economic growth this year will be one third less because of the sequester. which is why we have proposed a budget. senate democrats and the president of the united states have proposed budget that would replace the sequester wit
constituents have made it clear time and time again that we must make us work together to grow the economy. once again, republicans refuse to listen. instead, we are debating legislation that endangers women's health and disrespects the judgment of american women and their doctors on how to make judgments about women's health. this bill would deny care to women and the most desperate of circumstances. it is yet another republican attempt to endanger women. it is disrespectful to women, unsafe or families, and unconstitutional. at the start of the congress, the republicans take great pride in reading the constitution, but then they proceed to ignore it. one example is this clearly unconstitutional bill. they claim to reduce the role of government, except when it comes to women's most personal decisions about their reproductive health. leading medical experts believe this legislation is dangerous and wrong. that is the message we have seen from doctors and health- care providers who point out that this would put medical professionals in the untenable position when treating women in need -- w
to improve our economy just doesn't work. >> my job isn't to try to impose my will. >> i call him president barack onixon. >> your street cred collapses. >> this guy was the great hope. he was the tea party senator. >> god bless the tea party. >> i was a stranger and you welcomed me. and these are not strangers. >> you need to take every one of those irs agents and put them on our southern border. >> i didn't come here to be speak irbecause i needed a fancy title and a big us a. >>> good afternoon. the markets have just wrapped up a dramatic sell-off. the dow closed down some 300-plus points on news that the chairman of the federal reserve, ben bernanke, is hinting that they will be winding down the stimulus of the economy through its bond-buying program. we'll have more on that later in the broadcast. but first, more than 11 million lives hang in the balance. the veritable nation within a nation, as a bipartisan group of senators reach a deal to strengthen border security in the senate's immigration bill. it is a break-through that could pave the way for republican senators to support a pa
there backing up investors. the fed was promising that if the economy didn't inprove, don't worry, we're going to continue with this very easy monetary policy. make sure there's plenty of money. a lot of liquidity. bernanke really made people realize that this pulling back, the tapering of the fed, this almost tightening, because they're not going to be as easy as they've been, this was the warning signal this was going to happen. a lot people had been pushing this out to 2014. maybe 2015. ben bernanke made it clear. this is going to be happening potentially even this year. and, you know, they say they don't ring a bell at the top of our markets. that that's the big question and the big game you have to play when you're investing. this was almost a bell to all those investors who worried, okay, this is a massive change, this is the time we need to move. that's what's been happening here. we do look like we're going to open by 60 points but that was about half the gains we saw early this morning. >> the market got its bell rung this week. have a great friday. enjoy your weekend. >>> we move on.
the fed has been doing and what is also unknown is whether the economy is going to get strong enough so the real economy, real growth, and profits at companies are going to be strong enough to sort of displace the fed stimulus as it pulls away. the fed has made an important point. if things go south and things turn out to be a lot worse than we think, we don't have do change anything. we can ease up -- >> print more money. >> we can do whatever we want. but that's not the way markets have interpreted this. traders have just ignored all the ifs and buts that bernanke said. they've assumed the fed is going to start taking away the medicine. that remains to be seen. >> well, rick, that's the question, right? you talk about this being moved a lot by day traders or etfs. >> and hedge funds. >> is this a judgment that we are running out of value in the underlying markets and the stocks, or is it just a prediction about the future? >> well, it's mostly psychology. i'll tell you that. it is people trying to guess where -- how dependent the stock market is on the fed. it is not anything that's a
economy for 160 years. bnsf, the engine that connects us. >> by bp. >> and by at&t. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: it could be a breakthrough moment in the longest conflict in american history. u.s. and afghan peace negotiators are going to sit down with the militants who've been battling american troops since 2001. after 12 years of war, senior u.s. officials now say direct talks with the taliban are scheduled to begin within the next few days. the news came as president obama wound up a meeting with french with the at the g8 summit in northern ireland. the president said that the taliban must come prepared to make concessions. >> including the taliban is going to need to accept an afghan constitution that pronounces against violence is committed to
reform. it debunks the idea that immigration reform is anything other than a boon to our economy and robs the bill's opponents of one of their last remaining arguments. >>> all right, let's dig down on this and joining me now for more is mark murray. mark, it's good to have you here. we know from the lead figure on the immigration gang of eight has been senator marco rubio, however he's been saying recently the bill needs stronger border security measures. other republicans like senator john cornyn of texas want things like a 100% situational awareness, 90% apprehension on the border. as we look at what senator rubio's motives are now, is he undermining the hard work of the immigration eight by entertaining these amendments or is this just politics as usual? >> thomas, i think it's actually more trying from marco rubio's perspective to strengthen the bill to get more republican support. the gang of eight is still together. i mean, there are sometimes it's been reported there's been a little of annoyance about some of the requests that senator marco rubio has made to have more security but
're seeing is ben bernanke is taking the training wheels off the economy. or will eventually be taking the training wheels often by pulling out all the quantitative easing, all the bond buying the fed has been doing. several rounds of this quantitative easing. it's boosted house prices. it's kept mortgage rates down. everybody's nervous when the fed stops buying up all these bond, the economy might not perform all that well and stocks are going to look a little expensive. so that's why you're seeing stocks sell off. that's why you're seeing mortgage rates go up. the ten-year treasury note is rising. the highest it's been in a couple years. think of ben bernanke as a drug dealer, he's taking the drugs away from the economy. >> everybody coming down from that high, as it were. the president in a conversation with charlie rose hinted bernanke would not serve a third term as fed chair. i'll play you a sound bite from that conversation. and then get your thoughts. >> ben bernanke's done an outstanding job. ben bernanke's a little bit like bob mueller, the head of the fbi, where he already s
, hiring police officers and hiring firefighters. and it comes back to the economy. and if the sequester cuts are not done effectively and accurately, it's going to affect us on the streets where main street lives. >> so this may be an area where republicans and democrats, mayors from across the country will agree this weekend, but what can you all do about it? i mean, what kind of influence can you have? what can you accomplish with this meeting? >> well, i think congress listens to what mayors have to say, but, you know, congress is not necessarily a functional legislative body to begin with. so sometimes on some issues, i'm not sure our voices is as loud as it could be or received as loudly as it should be. but, you know, people live in cities. and i think they look at city government right now as being stronger and stronger and a more vital part of our economy than ever before. cities are where the jobs are being created. it's where the growth in our national economy is going to have to take place in we are going to continue to build this country. >> and finally, before you go, you a
we've got to get the economy jumpstarted and back on track in a manner that is sustainable for the programs that we all care about. one of of the ways to clearly do that at the -- at the cbo has indicated, and this is a nonpartisan operation, is to pass copperheads if immigration reform that provides an additional piece of evidence as to why this is so significant for us to get done and to get done sooner rather than later. ,ost: congressman jeffreys what is another issue, before we go to calls, that you focus on or that you think the congress should be addressing? i think we have to do with the gun violence problem we have in america. it is, katie, i understand that, but certainly as americans focus on the problem, and the aftermath of the tragedy in newtown, connecticut, the issue that we confront in the district, i represent a very urban district that has several neighborhoods in east new york,: the island, brownsville, that in the last several decades have gunrienced issues in violence. almostevery reagan, -- every weekend, there is an issue that has resulted from an il
to his improbable victory in a sluggish economy. and a lot of it had to do with the geek gap. and i detail that and also with obama's ability to craft a message and with romney's unbelievable level of dysfunction as a presidential candidate. >> michael: and aloofness too. you talk also about the madmen campaign of mitt romney. >> this was not my expression this was romney's chief strategist saying he was assembling a madmen team. these are ad guys from the '80s in boston, who worked on reagan's reelection campaign. so while romney was running a 20st century campaign, obama was running the first digital campaign of the 21st century, and that contrast -- everybody knows that obama did better on digital campaign i'm trying to show how. these geeks in what they called the cave in chicago, three professional poker players, child prodigy -- >> michael: wild stuff. >> to help re-engineer american politic politics. >> michael: and you had access to all of these folks? >> yeah, on both sides. midnight emails from romney's chief strategist to provide a 360 degree look
of this is because the economy and europe and america is still staggering in a lot of ways and when leaders like this are dealing with staggering economy at home, it's really hard to bring these issues to an international setting. >> let's look at it one other international setting with is immigration reform at home. speaker boehner will set a clear line saying he'll do the majority. the majority rule which for a lot of us means the house republicans are going to have the final word on immigration reform. do you think from your political analysis down there in d.c. that this is real and that this is a true line that's being drawn or is this a desire by him to exert leverage now while the senate is moving so he could get something he could move through the caucus. >> think he's drawing the line in the sand right now saying if the senate doesn't put in very big effort on border security, huge issue for house republicans and many senate republicans, conservative senate republicans, this won't stand a chance in my caucus. boehner has to do this because he's violated the guideline that says you can't
's counter cyclical. when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help farmers and families. there's a business case for continuing these programs. the biggest recipients of the money. it's all cycled back into the economy. >> no one's saving -- companies like kraft that make the boxed food that's inexpensive to buy, companies like walmart, supermarkets, all plow in the money from these food stamp programs. we also had this interconnectedness of our safety net programs that's going to make this a double problem. feeding america that operates lots of food banks around the country sent out an alert saying, you have kids who get free and reduced lunch because their
would be beneficial for the economy. the idea here is all right if this is going to be beneficial to the economy overall, why don't we find some funds within the budget which can to be done when they really want to do it. it's a dirty secret here on capitol hill. why not find the funds to double the border patrol, get the 700 miles of fencing and in order to get that pathway to citizenship. folks are sort of saying that apieces both sides and honestly at the end of the day the political players in the gop that need though to happen who want to see their future election prospects more bountiful, they are pulling the strings a little bit on this as well. >> what's been the post-results of speaker boehner meeting with the hispanic caucus yesterday? >> from talking to folks they said it was productive, he heard them out and he understands the issue. boehner has been around here since 1990. he was involved in this to some degree when it was trying to be done in the bush administration back in '07. john boehner's real problem he has over 150 something members that have a very small perc
at this lakeside resort in ireland was supposed to be the economy, trade. the meetings will be dominated by an issue that was not on the agenda. syria, as the u.s. and most of its western allies troo toy figure out a way to prop up that opposition in the country's two-year-old civil war. the old g-7 basically came together as a way to -- a bit of a counterforce to the soviet union. and now of course this country, number eight, russia. vladimir putin has stuck by syria's leader bashar al assad. in fact, before arriving in northern ireland, putin met with british prime minister david cameron. his comments after that meeting seemed to foreshadow a cold war-like exchange over syria with president obama when the the two meet later today. >> in regards to the supplies of weapons to the assad government and as regards to who has the blood of the children and peaceful citizens of syria, i believe you will not deny that the blood is on the hands of both parties. >> of course, president obama has been a very reluckant supporter of arming the syrian opposition. and it's meant he's gotten a lot of b
that pitted him against his unlikely challenger in 2014. tough economy, we're talking about jobs in the state here. you're talking about somebody who molloy has made clear he might have his eye on the national stage a little bit. he has to get by in 2014. how does this issue affect him with perry coming in and maybe losing gun jobs a little bit. >> it's a choice he's going to have to make. between jobs and votes, really. when it comes down to it. i think he wins on the vote side. the national attention on this issue and at least in the northeast, perry will be vilified. i would love to see him meet up with chris christie. >> nobody is going to say that this year. >> it's a delicate balance that he's going to have to walk. i'm sure the nra is going to be going after him should some of these manufacturers leave. so, it's clearly an important calculation for perry to strengthen his national credential. ultimately i think molloy will be fine because he'll be fine on this issue and he'll bet support from around the country. >> i wonder how the et voers in connecticut would feel about it because th
this year because the economy is improving. it could also mark the beginning of the end of historically low interest rates. right now the dow is down. you see it on your screen, 227 points after falling 206 points yesterday. cnbc's kayla joins us live. kayla, the residuals still from bernanke's speech? >> tamara, i think we're going to be feeling the reverberations from that for a long time. all three averages are down 1.5%. you have gold which investors go to when they sell out of stocks. gold is down, too. you have bonds down also and the interest rates on those bonds are spiking. the ten year treasury is at a yield that it hasn't seen in nearly two years. stocks for their part have retreated. they've lost basically everything they've made in the last two months. you've mentioned it. it's somewhat ironic. a normal observer would say why is everything sell off because chairman bernanke said the market was doing better? there were all of these green chutes and signs up. there was an unprecedented amount by the federal reserve buying bonds, initiating pra ms to help stimulate the economy, an
a rational and positive immigration program will choke this economy. it's not a good idea. >> it will be good for every worker here. every day we wait is a day we've lost. >> how about that? youhen the is the last time saw those two on the same page? >> i think it was the united way mable for the nationals redskins parade and that's it. >> quite bluntly to put it in political terms. the senator from arizona says this makes it difficult for republicans to compete nationwide and state by state. it's tough to compete for people's votes on any issue when they believe you don't like them and that's where the republicans are right now. and john boehner has a real problem because you saw what they did last week. with steve cain in the lead from iowa they repealed the dream act which is enormously popular and hurt republicans in the 2012 election and i don't think it argues well for the immigration in the house. >> you don't think this thing is going to make it? >> right now i think what boehner wants to do is get the house judiciary committee to break it up bit sizes to pass something so he doesn't
that we need to keep the economy going et cetera. and so if they really care about america, they understand in the future we need more workers. currently we have workers that don't have documents. whrs when you're undocumented, you're taking advantage after lot of fronts. most employers have good employees. but bad employers pay them less, they don't have benefits, if they get work, they are trashed and out they go. what happens to mter can worker that they also see wages depressed when these bad employers are using these people. if we would legalize these people and if they would have basic rights in the country, we would see all of america rise. >> glenn beck compared this conservative right to the civil rights movement. congressman, what is your response to that? >> that is -- not only -- it is almost harassy for him to make that comparison. in fact, it is. the civil rights movement is about fulfilling people's rights. to make the values of the nation real for all-americans, regardless and comprehensive reform. and it is about extending values to 11 million people here,
putting money back into our economy, then, you know, i think that republicans, they're not necessarily -- they're being a little bit disingenuous by pretending this is going to cost us, whether it costs our values, cost us morally like you're talking about, or cost us economically, which it's not. >> some people have some confusion about what social security works. you don't save for your own retirement. today's workers pay in which pays for today's retirees. we are in this circumstance with the baby boomers, they are retiring. if what we must have in order to make this solvent and work is more people. we also need more people and more people paying more into it. but this is, in fact, part of the solution. >> but talking about that would underscore the fact that we are in this together. which is really at the crux of this immigration debate. >> another way in which you see this is the struggle over health care for immigrant. and i say this, i'm a proud naturalized u.s. citizen, i'm an immigrant to this country and a daughter of an immigration lawyer. this is an issue very dear to my he
office crunched the numbers and concluded that passing the immigration bill will boost the economy. >> court to this independent report, reforming our immigration system would reduce our deficits by almost a trillion dollars over the next two decades and boost our economy over more than 5%. >> and july first, that's the day the rates on many student loans will spike. they passed the speaker john boehner's bill that would put them 2.5 percentage points above the rate and -- he's frustrated with democrats not for getting on board. >> the president has failed to talk about this issue and hasn't lifted a finger to push his own party to pass his own proposal. the time for games is up. i think our kids deserve better. and the democrats need to get their act together so we can prevent these rates from doubling on july 1st. >> student loans are not the only piece of highly contentious legislation in d.c. right now. the republican led house didn't past the -- deep cut to food stamps combined forces to kill the bill. how does this body for issues like student loans. i'm joined now by two pan
. the economy is in far more stable and a much better place than it was before. but what's happened now over the last two or three years is that we've seen a sharp slowdown in growth and an uptick in inflation. and i think those two things combined have fed through into frustration, a broader frustration that people have learned and have appreciated and have come to understand the benefits of having an economic stability. they see where the country should be going and they have had a taste for a bit of equality, a bit more of an improvement in quality of life and now they're concerned that they're going away. that that is slipping out of their hands. >> warner: and why has the hosting of the world cup, what, a year from now, and the olympics become such a sort of rallying cry of this protest? >> well, i think we have to remember that these protests have by coincidence come at the same time as a warmup tournament for next year's world cup. it's called the confederations cup. these enormous stadiums that were built to host these events are being used for the very first time. so all of a sudden
. the idea that they're going to improve our economy and create jobs for americans is just doesn't work. >> how many people here believe that an individual who has less than a high school education pays more in taxes than they get in government benefits? >> you know the only people who believe that? right there! right there! >> you know, congressman. that does not sound like the kind of tone where speaker boehner is going to be able to get something done. >> well, certainly. i've seen speaker boehner and i know that he can get to the deal. i have seen him on other pieces of major legislation really stand up when that was required. i don't know if that group of people you just heard are so strong and are so many that they won't entertain any sort of a deal to be done on immigration. if that's the case, then he probably can't get it done. but i know he will work very hard and he will work with those who have been in the congress for a while who understand it's always difficult to do a major piece of historic edlegislation. >> as the congresswoman has said, until there is a bill that membe
it makes in sense to cut those programs when you have the need. it stimulates the economy. when people get food stamps they go out and buy things. that helps the economy and creates jobs. it makes no sense. >> what was interesting you and your colleagues for the most part in terms of the democratic party said this went way too far. the republicans said it didn't go far enough. with that big of a divide did we expect dmanything to get throug? >> it's going to be tough. i know you talked about the immigration reform. i think there's an effort on the part of the republican leadership to try to pass an immigration reform bill. they are putting so many roadblocks in the way. in the house you may have read that they voted on an amendment. this was like a tea party right wing amendment that makes being in the united states a crime. another amendment that gets rid of the dreamers act that lets young people stay here and not be deported. then the speaker is saying he won't let the bill go to the floor unless it has a majority of the republicans which would include the tea party. we've got a long wa
action to slow climate change and putting people back to work as our economies recover. >> obama: every person can enjoy the dignity that comes from work whether they live in chicago or cleveland or belfast or berlin, in athens or madrid, everybody deserves opportunity. we have to have economies that are working for all people, not just those at the very top. >> speaking of the economy a new cnn rsp poll asks if you're better economically now? >> conditions are somewhat good, 44% of americans say their personal financial situation worse off than a year ago. kind of a mixed bag. we're back after the break. party or the other. when the democrats are wrong, they know i'm going to be the first one to call them out. cenk on air>> what's unacceptable is how washington continues to screw the middle class over. cenk off air>>> i don't want the middle class taking the brunt of the spending cuts and all the different programs that wind up hurting the middle class. cenk on air>>> you got to go to the local level, the state level and we have to fight hard to make sure they can't buy our poli
not really so much just for the party but potentially for the health of the country and the economy. so that's where you would put your effort. the bottom line on this, though, i think, ultimately for republicans is where is the incentive? life is not very complicated. no matter what your job is, you have to get something done. for these house republicans there's very little incentive to vote for something. to van's point they're going to get primaried. almost all of them do. the average republican district right now is 75% light. there are nine republicans in the house who represent a majority/minority district. even those who sit in heavy districts have a significant latino population, they're also very republican districts. you have to -- the speaker has to find a way to get those folks to vote against their most immediate incentive, which is to be re-elected. >> fortunately we have republicans who look past their district boundaries and look past it and hopefully there's enough of those. i'm an optimist. >> coming up on "the lead," a new tip for a search in a field for jimmy hoffa's body
report, now saying that the numbers for immigration reform is good for the economy, it forces upon us a bill that they're least comfortable occupying. they have to say it's for cultural or ethical reasons not economic. >> i think there is an economic aspect, too. the economic recovery such as it is is not broadly felt in the country. there's a sense out there in republican districts and democratic districts that the pie is not expandsing, that it's shrinking. if you're in a place feeling anxious, the idea that we're going to extend citizenship and benefits to a lot of people, that is an anxiety provoking idea. that's the environment we're in. we're in an environment of economic anxiety and therefore difficult issues like this are particularly hard to sort out. i think that the -- you know, i think there's also a sort of credible republican leadership on this too. who can make the argument of the national political argument that actually filters down into the rank and file? >> right. >> no one's doing it now. >> really good pulling it back. if you look at the polling of americans when
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into money you invest. it's everyday reinvesting for your personal economy. the ones getting involved and staying engaged. they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >>> people voicing spors for marriage equalitity and other issues. we have seen hillary clinton put out a video declaring her support. >> they are full and equal citizens and deserve the rights of citizenship. that includes marriage. >> that's the way most of us think these days. jason collins made the cover of sports illustrated when he came out as the first openly gay athlete playing in a sport. alen chairmans is one of the proponents for gay repairtive therapy. the idea that therapy can help turn a person straight. he posted an apology. he said i'm sorry that jouchl spent years working through the shame and guilt you felt when your attractions didn't change. he addressed members of the group itse
. it will beam the sfwer net to places that are not wired. >>> given the current economy, you would think most people appreciate just having a job but a new survey shows otherwise. it measured job satisfaction and work worker engagement. they used findings where people hate going to work. rhode island seems the number one ranking for job hating. connecticut comes in second. new jersey third but now to the las vegas. forget about the strip but the safest bet may be in reality. a new forbes list calls las vegas to most undervalued with homes about 20% below the estimated market value. trulia names orange california with the most overpriced market values. las vegas is the least expensive city for travelers. >>> look at kelly on the inside. >> surf is up big time. we give congrats to champion surfer kelly slater because he garnered a rare perfect score. he's the fourth person to make such history while hanging ten. those are your number ones. [ male announcer ] moving object detection. ♪ blind spot warning. ♪ lane departure warning. safety, down to an art. the nissan altima with safety shield
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